Property Address: 11727 Ohio Ave, Los Angeles, CA, 90025-3252
Average square foot calculated using Size range provided by listing agent.
Description
Prime Sawtelle neighborhood 9 unit apartment building located in one of the most sought after locations within West Los Angeles. Easy access to the 405/10 freeways, UCLA and Santa Monica College. Building has not had a vacancy in almost 10 years due to high demand for rentals in the area. Fully occupied with lots of upside potential. Gated access with 13 parking spaces including 4 tandem spaces. Many units have been remodeled with hardwood floors, A/C and newer appliances. Offering Memorandum is attached in the supplemental information section of listing. Please read and review before calling. Existing loan of $1.4M at approximately 3% APR is assumable and fixed at that rate through 9/26 subject to fees and lender qualifications. Buyer to cooperate with Seller's 1031 exchange. Seller selects all services.